PIC in 'behind-the-scenes' talks on Barclays Africa stake
10 April 2016 - 02:00
Public Investment Corporation CEO Dan Matjila said on Friday that "behind-the-scenes" talks about buying a 10% stake in Barclays Africa were ongoing, but reports that a consortium of investors, including the PIC, had been formed were off the mark. Bloomberg reported that a consortium including the PIC is to meet Barclays plc next week, attributing the news to a person who had asked not to be identified as the talks are private.
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